Posted Sep. 18, 2012 at 1:03 p.m.

Premium Lock Yahoo gets $6.3B in cash for Chinese company stake

Published: 2012-09-18 13:03:41
Updated: 2012-09-18 13:03:41

Print this blog post
Yahoo logo 12-2011 Yahoo logo
Tags: Internet

Alibaba is paying $7.1 billion to buy back Yahoo's 20 percent stake in the company and an additional $550 million to cover revised technology and licensing agreement. Yahoo will retain a roughly 20 percent stake in Alibaba....

Read More
Read More

WRAL Tech Wire any time: Twitter, Facebook

Copyright 2014 WRAL Tech Wire. All rights reserved.
Editor's Blog

Editor's Blog

The latest blog posts from our WRAL Tech Wire and WRAL editors. Read more articles…

Please Log In to add a comment.

Best of TechWire Insider

Techwire Inside Partners


Frank Vinluan
Life science
Dr. Mike Walden
Tech economy
Vivek Wadhwa